Entertainment Network (India) Ltd expects to turn to profit in FY11 after selling its loss-making outdoor business to Bennett, Coleman, a senior official told Reuters on Friday.

The firm expects to post a net profit of Rs 35 -40 crore in FY11 and plans to use the proceeds of the sale to boost its radio business, Dalpat Jain, assistant vice president, Strategic Finance & Investor Relations, said over the telephone.