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Other Income, Net | 12 Months Ended
--- | ---
Mar. 31, 2021
Other Income and Expenses [Abstract] |
Other Income, Net | 6 OTHER INCOME, NET
|  | For the year ended March 31, |
|  | 2019 |  |  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |  |  | RMB |
Government grants |  |  | 13,430 |  |  |  | 13,938 |  |  |  | 15,819 |
Merchant penalty income (1) |  |  | — |  |  |  | — |  |  |  | 12,383 |
Refund from depositary bank (Note 14(3)) |  |  | 315 |  |  |  | 1,303 |  |  |  | 12,096 |
Exchange (losses)/gains |  |  | (7,068 | ) |  |  | (4,136 | ) |  |  | 5,574 |
Gains on disposal of property and equipment |  |  | 772 |  |  |  | 666 |  |  |  | 1,468 |
Others |  |  | 1,312 |  |  |  | (299 | ) |  |  | 2,545 |
Total |  |  | 8,761 |  |  |  | 11,472 |  |  |  | 49,885 |
(1) | Merchant penalty income represents the penalties charged to the merchants that have quality and/or service issues based on the agreements with the merchants. The Company may use the penalty received from the merchants to settle the users’ complaints. The penalties are therefore recorded in other payables when received and recognized as other income when the Company considers the possibility of the penalty to be paid out is remote.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 720 -URI http://asc.fasb.org/topic&trid=2122503 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 610 -URI http://asc.fasb.org/topic&trid=49130413 + Details
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