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Dolby Laboratories completes 50 years; charts growth plan
MUMBAI: Dolby Laboratories, which sparked a revolution in sight and sound based on American engineer Ray Dolby’s vision for spectacular entertainment, has completed 50 years.
To support growth, Dolby will be moving to new headquarters at 1275 Market Street in San Francisco where it will continue to shape the sight and sound of entertainment and communications with new technologies like Dolby Cinema, Dolby Vision, Dolby Voice and Dolby Atmos.
The company’s story began in 1965 with the invention of Dolby noise reduction, a breakthrough system, which eliminated the hiss that plagued tape recordings. The company went on to transform cinema, introducing more powerful and immersive sound to forever change the way movies were made and enjoyed. Dolby sound helped bring Star Wars to life in 1977 and created an entire industry devoted to the audio experience.
The company’s latest initiative Dolby Cinema transforms the way people watch movies comprising a premium cinema offering that combines the best in sight and sound with a bold new theatre design, creating an amazing experience for moviegoers.
AMC Theatres and Dolby Laboratories, which recently launched Dolby Cinema at AMC Prime, will be launched in up to 100 sites by 2024, including major cities like San Francisco, Las Vegas, Philadelphia, Miami, Boston, Denver and Seattle.
Moreover, revolutionizing displays from movie theaters to TVs, Dolby Vision will see Disney’s Tomorrowland and Disney Pixar’s Inside Out as the first Dolby Vision titles. The first TVs with Dolby Vision are arriving this year from Vizio.
On the other hand, Dolby Voice revolutionizes the conference call and the way people communicate at work by making calls exceptionally clear, natural and productive, like in-person meetings.
Dolby Atmos, which is becoming the sound format of choice for leading filmmakers and device makers is a technology that places and moves specific sounds anywhere in the room, including overhead, to bring entertainment alive all around the audience.
Since its introduction in the cinema in 2012, Dolby Atmos has been embraced by all the major Hollywood studios, 14 Academy Award winning directors, and 27 Academy Award winning sound mixers. Over 1,000 screens worldwide have installed or committed to be equipped with Dolby Atmos and 275+ Dolby Atmos titles have been announced globally.
Additionally, entertainment enthusiasts can now also enjoy Dolby Atmos in their home theaters, on their mobile devices and in virtual reality experiences from Jaunt.
Brands
Sapphire Foods FY26 revenue rises to Rs 3,125 crore, posts loss
Q4 revenue at Rs 792 crore, FY26 loss at Rs 32 crore amid cost pressures.
MUMBAI: If growth is on the menu, profitability seems to have taken a brief detour. Sapphire Foods India reported a steady rise in topline for FY26, even as rising costs weighed on profitability. Revenue from operations grew to Rs 3,125 crore for the year ended March 31, 2026, up from Rs 2,882 crore in FY25. However, the company swung to a loss, reporting a net loss of Rs 32 crore for FY26, compared to a profit of Rs 17 crore in the previous year. Total income for the year stood at Rs 3,153 crore, while total expenses climbed to Rs 3,167 crore, reflecting pressure across key cost heads.
In the March quarter, revenue came in at Rs 792 crore, compared to Rs 711 crore in the same period last year. The company reported a quarterly net loss of Rs 13 crore, against a profit of Rs 2 crore a year earlier.
Cost pressures remained visible across operations. Material costs rose to Rs 995 crore for FY26, while employee expenses increased to Rs 428 crore. Other expenses, the largest component, stood at Rs 1,229 crore, underscoring the impact of store operations and expansion-related spends.
Depreciation and amortisation expenses also climbed to Rs 392 crore for the year, reflecting continued investments in store infrastructure and growth.
At the operating level, the company reported a loss before tax of Rs 37 crore for FY26, compared to a profit of Rs 23 crore in FY25. Exceptional items added Rs 24 crore to the cost burden during the year.
On the balance sheet, total assets rose to Rs 3,256 crore as of March 31, 2026, up from Rs 3,041 crore a year earlier, indicating ongoing expansion. Net worth stood at Rs 1,389 crore.
Despite profitability pressures, operating cash flow remained resilient at Rs 507 crore, highlighting underlying business strength and demand stability.
The numbers paint a familiar picture in the quick-service restaurant space, growth continues to be served hot, but margins are still finding their footing.
