Oct 29 (Reuters) - Cosmetics maker Revlon Inc (REV.N) posted a lower quarterly profit due to weak sales at its color cosmetics and Revlon Beauty Tools segments.

Revlon.com

The company, which sells its products under brands such as Charlie and Mitchum, earned $23.1 million, or 45 cents a share, compared with $29.2 million, or 57 cents a share, a year ago.

Net sales fell 2.5 percent to $326.2 million.

"The rate of growth in the U.S. mass market color cosmetics category, according to ACNielsen, slowed sequentially in the third quarter of 2009," Chief Executive Alan Ennis said in a statement.

Shares of the company, controlled by financier Ronald Perelman, closed at $5.75 Wednesday 28 October on the New York Stock Exchange. (Reporting by Vidya Lakshmi in Bangalore; Editing by Ratul Ray Chaudhuri)