FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


(X)   QUARTERLY  REPORT  PURSUANT  TO  SECTION  13 OR 15 (d)  OF THE  SECURITIES
EXCHANGE ACT OF 1934

For quarter ended JUNE 30, 1997
                  ------------- 

( )   TRANSITION  REPORT  PURSUANT  TO  SECTION  13 OR 15 (d) OF THE  SECURITIES
EXCHANGE ACT OF 1934


For the transition period from   _______________to__________________


Commission file number  0-4025
                        ------

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



               Florida                               59-0954868
      ------------------------            ------------------------------------ 
      (State of Incorporation)            (I.R.S. Employer Identification No.)


                1615 W. NASA Boulevard, Melbourne, Florida 32901
                ------------------------------------------------
                    (Address of principal executive offices)

                                 (407) 254-1500
              ---------------------------------------------------- 
              (Registrant's telephone number, including area code)



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
    ---            --- 

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

                  Class                        Outstanding at August 13, 1997
      ------------------------------           ------------------------------
      (Common stock, $.25 par value)                     1,627,713


<PAGE>
                         PART 1 - FINANCIAL INFORMATION
                    SYMETRICS INDUSTRIES, INC. AND SUBSIDARY
                      CONDENSED CONSOLIDATED BALANCE SHEET

                                     ASSETS
<TABLE>
<CAPTION>
                                                               JUNE 30        MARCH 31
                                                                 1997           1997
                                                                 ----           ----
                                                             (UNAUDITED)  (DERIVED FROM AUDITED
                                                                           FINANCIAL STATEMENTS)
<S>                                                          <C>           <C>        
Current assets:
         Cash                                                $    55,581   $    56,638
         Receivables                                           3,933,010     2,365,365
         Costs and estimated earnings in excess
            of billings on uncompleted contracts               6,225,463     5,452,394
         Inventory                                             1,926,777     1,661,249
         Deferred income taxes                                    79,382        51,677
         Other assets                                             79,774        57,453
                                                             -----------   -----------
               Total current assets                           12,299,987     9,644,776
                                                             -----------   -----------

Property, plant and equipment                                  5,330,050     5,163,389
         Less accumulated depreciation                         1,694,536     1,571,167
                                                             -----------   -----------
                                                               3,635,514     3,592,222
                                                             -----------   -----------

Deferred income taxes                                            258,049       273,549
                                                             -----------   -----------
Other assets:
         Product development costs                             2,821,582     2,187,758
         Investment in real estate                               513,298       513,298
         Goodwill, less accumulated amortization                 482,739       501,064
         Other                                                   146,904       141,583
                                                             -----------   -----------
                                                               3,964,523     3,343,703
                                                             -----------   -----------

Total assets                                                 $20,158,073   $16,854,250
                                                             ===========   ===========

                      LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
            Notes payable                                    $ 2,481,026   $ 2,523,000
            Current maturities of long-term debt                  44,173        72,719
            Accounts payable                                   4,549,665     2,157,360
            Billings in excess of costs and estimated
               earnings on uncompleted contracts                 108,950       144,373
            Accrued liabilities                                  761,269       962,570
            Income taxes payable                                  94,868       218,545
                                                             -----------   -----------
                 Total current liabilities                     8,039,951     6,078,567
                                                             -----------   -----------

Deferred income taxes                                            225,334       191,584
Deferred compensation liability                                  438,948       438,945
Long-term debt, less current maturities                        2,970,949     1,838,446
                                                             -----------   -----------
                                                               3,635,231     2,468,975
                                                             -----------   -----------
Shareholders' equity
           Common stock, $.25 par value                          406,366       406,366
           Additional paid-in capital                          2,209,358     2,209,358
           Retained earnings                                   5,867,167     5,690,984
                                                             -----------   -----------
                Total shareholders' equity                     8,482,891     8,306,708
                                                             -----------   -----------

Total liabilities and shareholders' equity                   $20,158,073   $16,854,250
                                                             ===========   ===========
</TABLE>

    See accompanying notes to the condensed consolidated financial statements

                                       -2-

<PAGE>
                    SYMETRICS INDUSTRIES, INC. AND SUBSIDARY

                   CONDENSED CONSOLIDATED STATEMENT OF INCOME


                                   (UNAUDITED)


                                                        THREE MONTHS ENDED
                                                        ------------------
                                                    JUNE 30           JUNE 30
                                                    -------           -------
                                                      1997              1996
                                                      ----              ----

Contract revenue                                 $ 6,401,809        $ 6,879,405

Costs and expenses
   Costs of revenues earned                        4,937,224          5,292,269
   General and administrative                      1,106,573            819,000
   Research and development                           77,795             83,920
                                                 -----------        -----------
                                                   6,121,592          6,195,189
                                                 -----------        -----------

Income from operations                               280,217            684,216

Other income (expense)
   Rental and other income                            59,203              9,618
   Other expense                                     (15,333)            (4,317)
                                                 -----------        -----------
                                                      43,870              5,301
                                                 -----------        -----------

    Interest income                                   12,145             43,483
    Interest expense                                 (65,181)           (15,957)
                                                 -----------        -----------
                                                     (53,036)            27,526
                                                 -----------        -----------

Income before taxes                                  271,051            717,043
Income (taxes)                                       (94,868)          (276,023)
                                                 -----------        -----------

Net income                                       $   176,183        $   441,020
                                                 ===========        ===========

Earnings per share                               $      0.11        $      0.28
                                                 ===========        ===========

Weighted average number
   of shares outstanding                           1,625,463          1,601,370


   See accompanying notes to the condensed consolidated financial statements.



                                       -3-


<PAGE>

                    SYMETRICS INDUSTRIES, INC. AND SUBSIDARY

                 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

                                   (UNAUDITED)


                                                        THREE MONTHS ENDED
                                                      JUNE 30          JUNE 30
                                                        1997             1996
                                                        ----             ----
Cash provided by (used in)

  Operations
    Net income                                     $   176,183      $   441,020
    Adjustments for non cash charge                    141,694          146,524
    Changes in assets and liabilities               (1,284,774)      (1,537,471)
                                                   -----------      -----------
    Net cash (used in)  operations                    (966,897)        (949,927)
                                                   -----------      -----------

  Investing
    Capital expenditures                              (166,661)        (249,839)
                                                   -----------      -----------
    Cash used for investing                           (166,661)        (249,839)
                                                   -----------      -----------

  Financing
    Proceeds from stock options                         34,688
    Borrowing  of long-term debt                     1,132,501          408,244
                                                   -----------      -----------
    Cash provided  by financing                      1,132,501          442,932
                                                   -----------      -----------

  (Decrease) in cash                                    (1,057)        (756,834)

Cash beginning of period                                56,638        1,657,905

Cash end of period                                 $    55,581      $   901,071
                                                   ===========      ===========

Cash payments for interest                         $    52,583      $    16,556

Cash payments for income taxes                     $   197,000      $   727,846



   See accompanying notes to the condensed consolidated financial statements.







                                      - 4 -


<PAGE>



                    SYMETRICS INDUSTRIES, INC. AND SUBSIDARY
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 1997
              Notes to Condensed Consolidated Financial Statements

                                   (Unaudited)
O  BASIS OF PRESENTATION
   ---------------------

*     The  financial  statements  contained  herein are  unaudited  but,  in the
opinion of management,  reflect all adjustments,  consisting of normal recurring
adjustments,  which are  necessary  to a fair  statement  of the results for the
periods ended June 30, 1997 and 1996.  The results of operations  for the period
ended June 30, 1997 are not necessarily indicative of the results to be expected
for the full fiscal year.

*     Refer to the  Company's  Form 10-K for the year  ended  March 31,  1997 as
filed  with the  Securities  and  Exchange  Commission  on June  16,  1997 for a
description of accounting  policies which have been  continued  without  change.
Also refer to notes included in the financial  statements for additional details
of the Company's financial condition, results of operations and cash flows.

*     Inventories stated on the balance sheet are raw materials, work in process
and finished  assemblies  primarily for Symetrics'  subsidiary  American Digital
Switching for future  shipments of existing  orders and to provide field service
support to their customers.  Refer to the Company's Form 10-K for the year ended
March 31, 1997 for discussion of costs incurred on uncompleted contracts.

O  ACQUISTION DURING THE QUARTER ENDED JUNE 30, 1996
   -------------------------------------------------

      Effective April 1, 1996,  Symetrics acquired all of the outstanding common
stock of American Digital Switching, Inc. ("ADS") in exchange for 214,065 shares
of Symetrics, or approximately 13% of the outstanding capital stock of Symetrics
after the exchange,  and $35,000 in cash. The transaction has been accounted for
under the pooling-of-interests method of accounting.  Accordingly, the condensed
consolidated statements of income and cash flows for the three months ended June
30, 1997 and June 30, 1996 include the combined operations of the Companies. The
condensed  consolidated balance sheet as of March 31, 1997 includes the combined
assets and  liabilities  of the two Companies  and is derived from  consolidated
audited financial statements at that date. The weighted average number of common
shares  outstanding  used in the computation of earnings per share for the three
months ended June 30, 1997 and 1996  includes the shares  issued by Symetrics in
the exchange.





                                      - 5 -



<PAGE>


                    SYMETRICS INDUSTRIES, INC. AND SUBSIDARY
                                    FORM 10-Q
                           QUARTER ENDED JUNE 30, 1997

Item 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations

            For the three  months  ended  June 30,  1997  consolidated  contract
revenues  for  Symetrics  Industries,  Inc.  and  subsidiary,  American  Digital
Switching,  Inc.  (ADS)  were  $6,401,809,  a  6.9%  decrease  compared  to  the
$6,879,405 for the  corresponding  period last year. For the current three month
period,  consolidated  net income of  $176,183,  or $0.11 per share is  reported
compared to $441,020,  or $0.28 per share, a year ago. Working capital increased
by  $693,827,  or  19.5%,  for the three  months.  The  backlog  closed at $16.3
million, as compared to $13.4 million at June 30, 1996.

      The 6.9% decrease in contract  revenues for the current  quarter  reflects
the  comparison  to the higher than average  volume of business in the Company's
Defense  Products  Division  for the first  quarter  of last year.  The  current
quarter's  defense  related  revenues  are in  line  with  last  year's  average
quarterly results. The decrease in net income is attributed in part to the lower
business volume, but is primarily due to increased  marketing and administrative
expenses at ADS to support the introduction of its new Centura TM Central Office
system.  Financial performance,  for the current quarter, in the Company's other
three divisions, Defense Products, Contract Manufacturing and Computer Telephony
Systems was consistent with the results  achieved in the  corresponding  quarter
last year.  Non-defense  related  revenues for the current quarter were 33.5% of
total revenues compared with 28.0% for the corresponding  quarter last year. The
increase in backlog at June 30, 1997  resulted from awards in June 1997 totaling
$9.9 million for 179 new Improved Data Modems (IDM) and 507 IDM memory upgrades.

      A comparison of the current quarter ended June 30, 1997 to the immediately
proceeding quarter,  shows contract revenues were 41.3% higher at $6,401,809 for
the current quarter versus $4,539,848 for the three months ended March 31, 1997.
The increase is due  primarily to  additional  revenues  from the  Company's IDM
contract.  Net income for the current  period was $176,183  significantly  lower
than the $289,520 reported for the quarter ended March 31, 1997. The decrease is
primarily due to the increased general and administrative expenses at ADS during
the current  quarter which offset the gross margin from the Company's  increased
business  volume,  and a year-end tax adjustment  which resulted in a low income
tax rate for the immediately preceding quarter.  Income before taxes for the two
quarters was  essentially  the same.  Backlog at June 30, 1997 was $16.3 million
versus $9.8 million at March 31, 1997.

      Referring  to the  balance  sheet,  the  Company  had a $693,827  or 19.5%
increase in working capital  facilitated by the $1,132,501 increase in long term
debt, to help finance the ongoing  development  of the Centura TM Central Office
Telephone system. The increase in accounts receivable of $ 1,567,645 at June 30,
1997  reflects  large  progress  billings  primarily for  electronic  components
purchased for the Company's IDM contract.




                                       -6-

<PAGE>




These purchases, and materials purchased for the initial Centura shipments, were
primarily  responsible for the substantial  increase in accounts payable.  These
IDM  components  purchases  were also part of the work in process  inventory and
consequently the largest factor in the increase at June 30, 1997 in the cost and
estimated earnings in excess of billings on uncompleted contracts. The increases
in inventory of $265,528 at June 30, 1997 was due to the substantial increase in
materials  purchased  and work in process  inventory  for the  upcoming  Centura
shipments.  The increase in product  development  costs at June 30, 1997 was the
capitalization of additional  research and development  expenses for the Centura
switch. The decrease in accrued liabilities reflects primarily product shipments
of $159,176 that were previously part of advance billings.


PART II           OTHER INFORMATION

ITEM 4.     SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

            The Annual  Meeting of  Shareholders  was held on June 27,  1997 and
reconvened  on July  11,  1997.  At the  reconvened  meeting  on July  11,  1997
shareholder voting was as follows:

                                      FOR              WITHOLD
                                      ---              -------
         Earl J. Claire               853,474           21,280
         Donald W. Ingram             853,293           21,461
         Michael E. Terry             853,474           21,280

      These directors were elected to three year terms.  Directors continuing in
      office are Jane J Beach  (two years  remaining),  Michael D.  Jensen  (two
      years  remaining),  Edwin H.  Eichler (one year  remaining)  and Dudley E.
      Garner, Jr. (one year remaining).

ITEM 6.     REPORTS ON FORM 8-K

            No  reports on Form 8-K were  filed for the  quarter  ended June 30,
1997.















                                       -7-


<PAGE>






                     SYMETRICS INDUSTRIES, INC. AND SUBSIARY

                                    FORM 10-Q

                           QUARTER ENDED JUNE 30, 1997




                                   SIGNATURES




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



                                          SYMETRICS INDUSTRIES, INC.



DATE   August 13, 1997


                                          /s/    Dudley E. Garner, Jr.
                                          ----------------------------
                                          Dudley E. Garner, Jr.
                                          President,
                                          Principal Executive Officer
                                          Principal Financial Officer













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