v3.25.2
Inventories
12 Months Ended
Mar. 31, 2024
Inventories [Abstract]  
Inventories
7.Inventories

 

Inventories, net of inventory reserves consist of the following:

 

   As of
March 31,
   As of
March 31,
 
   2023   2024 
   RMB   RMB 
         
Products   80,431    54,992 
Packaging materials and others   621    197 
Total inventories, net of inventory reserves   81,052    55,189 

 

Movement of inventory provision /(reversal)::

 

   As of
March 31,
   As of
March 31,
   As of
March 31,
 
   2022   2023   2024 
   RMB   RMB   RMB 
             
At beginning of year   266    577    612 
Provision/(reversal)   311    35    (223)
At end of year   577    612    389 

 

The total amounts charged to the consolidated statements of operations and comprehensive loss for provision/(reversal) of inventory reserves amounted to approximately RMB 0.31 million, RMB 0.035 million and RMB (0.22) million, for the years ended March 31, 2022, 2023 and 2024, respectively.