The present investigation is about the economic analysis of the hook and line fishery along the coast of Kombuthurai, Thoothukudi district of Tamil Nadu. Inferences from the study indicated that that hook number 5, 6 and 7 were found ideal for commercial exploitation of Carangids, Grouper, Barracuda and Needlefish in angling by wielding fresh condition live bait. Using the artificial lure number 3.5, 4.0 and 4.5 applied in trolling line, the most dominant catch was seer fish (80%) and least in sailfish (8%). Significantly the study reports that the highest gross revenue ₹42060/trip was made in trolling line than that of the handline of ₹26400/trip ascribed by targeted of high market value species. The trolling line crew share per person was twice over than the handline fishing (₹3821/trip). Instead of unorthodox eye estimation of fish weight, a novel approach of weight based fish sale (for low to high market value species) was observed in Kombuthurai fishing village and this practiced also espoused by a neighbor fishing village.