An experiment was conducted to study the effects of organic and inorganic fertilizers on yield of spikes, corm, cormels and returns of gladiolus. Mean highest spike yield per hectare (246666.00) was obtained in the treatment involving sewage sludge @ 5 tons / ha + 80% recommended NPK dosage and vermicompost @ 10 tons / ha + 60% recommended NPK dosage applied plots Corn yield was maximum in the treatments T₉ (vermicompost @ 10 tons/ha +■ 60% recommended NPK dosage) and T₁₁ (vermicompost @ 15 tons / ha + 60% recommended NPK dosage) cormel yield was highest in the treatment T₃ (10 tons of vermicompost / ha + 80% recommended NPK dosage), the same treatment obtained the highest gross - income, net -income and benefit :  cost ratio (Rs. 13,16,400.00. Rs. 8,01,779.03 and 1.56 :  1, respectively).