VICON INDUSTRIES INC /NY/
10-Q/A, 1995-07-11
COMMUNICATIONS EQUIPMENT, NEC
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                        SECURITIES AND EXCHANGE COMMISSION
                             
                             WASHINGTON, D.C.   20549

                                     FORM 10-Q/A

      QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  
                         EXCHANGE ACT OF 1934



For Quarter Ended   March 31, 1995         Commission File No. 1-7939
                  ---------------------                       -------------


                        VICON INDUSTRIES, INC. 
- ---------------------------------------------------------------------------
   (Exact name of registrant as specified in its charter)


          NEW YORK STATE                                   11-2160665
- ---------------------------------------------------------------------------
(State or other jurisdiction of                       (I.R.S. Employer
 incorporation or organization)                        identification No.)

        525 Broad Hollow Road, Melville, New York               11747
- ---------------------------------------------------------------------------
        (Address of principal executive offices)               (Zip Code)

 Registrant's telephone number, including area code:  (516) 293-2200
                                                      ---------------------

- ---------------------------------------------------------------------------
(Former name, address, and fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed 
all reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days.



                    Yes    X             No
                        -------             --------


At March 31, 1994, the registrant had outstanding 2,762,828 shares of
Common Stock, $.01 par value.













<PAGE>



        
Pursuant to the requirements of the Securities and Exchange Act of 1934, 
the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


July 10, 1995



                                           VICON INDUSTRIES, INC.
                                           ----------------------
                                           VICON INDUSTRIES, INC.





KENNETH M. DARBY                           ARTHUR D. ROCHE
- -----------------------                    ----------------------
KENNETH M. DARBY                           ARTHUR D. ROCHE
PRESIDENT                                  EXECUTIVE VICE PRESIDENT
CHIEF EXECUTIVE OFFICER                    CHIEF FINANCIAL OFFICER



































<TABLE> <S> <C>

<ARTICLE> 5
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1995             SEP-30-1995
<PERIOD-END>                               MAR-31-1995             MAR-31-1995
<CASH>                                         747,182                 747,182
<SECURITIES>                                         0                       0
<RECEIVABLES>                                8,960,634               8,960,634
<ALLOWANCES>                                 (384,103)               (384,103)
<INVENTORY>                                 12,263,955              12,263,955
<CURRENT-ASSETS>                            21,587,668              21,587,668
<PP&E>                                      13,834,131              13,834,131
<DEPRECIATION>                             (9,612,241)             (9,612,241)
<TOTAL-ASSETS>                              25,809,558              25,809,558
<CURRENT-LIABILITIES>                       12,874,783              12,874,783
<BONDS>                                      3,335,946               3,335,946
<COMMON>                                        27,882                  27,882
                                0                       0
                                          0                       0
<OTHER-SE>                                   9,570,947               9,570,947
<TOTAL-LIABILITY-AND-EQUITY>                25,809,558              25,809,558
<SALES>                                     10,952,150              22,779,679
<TOTAL-REVENUES>                                     0                       0
<CGS>                                        8,601,648              17,731,056
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                             2,502,597               4,835,718
<LOSS-PROVISION>                                45,000                  90,000
<INTEREST-EXPENSE>                             253,974                 533,583
<INCOME-PRETAX>                              (451,069)               (410,678)
<INCOME-TAX>                                    16,000                  40,000
<INCOME-CONTINUING>                          (467,069)               (450,678)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (467,069)               (450,678)
<EPS-PRIMARY>                                    (.17)                   (.16)
<EPS-DILUTED>                                    (.17)                   (.16)
        

</TABLE>


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