This study focused on assessing and forecasting Catla (Catla catla) and Tilapia (Oreochromis niloticus) production in the Udawalawe reservoir in Sri Lanka using an 11-year time series data from 2010 to 2021. The relevant secondary data were collected from the National Aquaculture Development Authority of Sri Lanka (NAQDA). Unit root tests, Dickey-Fuller tests, and Seasonal Auto Regressive Integrated Moving Average (SARIMA) models and trend analysis were applied for the data analyses. According to the results, stationarity behaviour was observed in both Catla and Tilapia production information series. Hence, SARIMA (2,2,1) (1,0,1)12 is the appropriate empirical model for forecasting Catla production. Furthermore, the maximum average landings of Catla production were observed in the March-June time period. SARIMA (1,0,1) (1,1,1)12 was indicated as the most suitable model to forecast Tilapia production in the reservoir. The maximum average of Tilapia production was also observed in the March-June period. Both the SARIMA model and trend analysis gave approximately equal production information regarding Catla and Tilapia. Thus, these findings showed that the SARIMA model has more accuracy than trend analysis when analysing the time series information for short durations. However, when the duration becomes larger, forecasting is not suitable using the SARIMA model, and trend analysis gives a clear view up to a certain level. Both Catla and Tilapia production exhibited significant changing patterns and multiple seasonalities. Thus, trend analysis gives valuable insights than SARIMA model in long term predictions in case of this study. These findings are highly important for enhancing fish production in this reservoir, as they predict future fish catches under the current reservoir conditions.