The use of water hyacinth compost as manure in nursery ponds for larval rearing of Indian major carp, Labeo rohita was studied. Better performance with regard to growth and survivability of the larvae was recorded in the ponds treated with water hyacinth compost (Group A) than in either the ponds treated with inorganic fertilizers (Group B) or the ponds where no treatment was applied (Group C). The average percentages of survival in Groups A, B and C were 14.3, 11.2 and 5.0, respectively. Thus about 186% increase in the survivability was recorded in the ponds treated with water hyacinth compost (P<0.01), whereas the increase was about 124% in the ponds treated with only inorganic fertilizers, when compared with the ponds which were without any treatment.