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Rohit Group of Companies Hits the PROFIT 200 List of Canada’s Fastest-Growing Companies

Edmonton, AB June 02, 2011

It is a remarkable feat for any company to defy all odds and prove success is possible during an economic recession. Only a select number of businesses fall into this category and Rohit Group of Companies is one of them.

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country’s most successful growth companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada’s largest annual celebration of entrepreneurial achievement.

Rohit Group of Companies landed 143rd in its first year on the list. View the full list here http://www.profitguide.com/awards/profit200_2011

“The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage,” says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. “PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they’ve come so far, so fast.”

Since 1986, Rohit Group of Companies has grown from a small home builder in Edmonton to a diversified organization with complementary interests in residential and land development, commercial assets and real estate lending. This vertical integration has positioned Rohit as an industry leader and the company has received a multitude of accolades on the local, provincial and national level, most recently being named Edmonton’s 2010 Home Builder of the Year and 2011 Multi Family Home Builder of the Year. The company was also named to Alberta’s Fast Growth 50, and CEO Radhe Gupta was a prairie-region finalist for Ernst & Young’s Entrepreneur of the Year.

Continuing to push the envelope and challenge the conventional is what makes Rohit Group of Companies so successful. Not your average home builder, the company sought out niche markets and embraced failures as opportunities along the way. “We’ve been counter-cyclical,” says Radhe Gupta, President and CEO. “When the market dipped, we didn’t slow down. We forged ahead, buying land in preparation for the next surge.”

Gupta has a famous saying within the office – Buy right, and consider half sold. This has been instrumental in the firm’s success and allowed Rohit to expand from its home builder roots with upstream vertical integration; Rohit now has divisions in land development, commercial development, and capital financing.

Rohit Group of Companies also appeared on the list of the top 10 largest companies by revenue at number 6. View the full top ten here: http://www.profitguide.com/article/28511–infographic-the-largest-profit-200-companies-by-revenue

About PROFIT Magazine:
PROFIT: Your Guide to Business Success is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 29 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

About Rohit Communities

Rohit Communities, the foundation of Rohit Group of Companies, is an award winning developer and builder of new homes in Edmonton offering new condos, townhomes, duplexes and single family homes for sale. It also offers new homes in Fort McMurray, and luxury condos in both Kelowna and Invermere’s Copper Point Resort.

For further information contact:

Amy Power
Rohit Communities
550 91 Street SW
Edmonton, AB T6X 0V1
Phone: 780.702.4288
amy.power@rohitgroup.com

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