Profit Reports for WooCommerce is a powerful plugin which enables profit reporting on every order, based on cost of goods & overhead costs.

Noted That:

To install correctly this profit-reports-for-woocommerce.zip.
Fisrt Download the profit-reports-for-woocommerce.zip to your computer
Extract/Open profit-reports-for-woocommerce.zip to Your Computer.
Then, Find readme.txt file inside profit-reports-for-woocommerce.zip and Open readme.txt.
Now, Read the Requirements of this plugin. Which Wordpress Version and PHP Version are required to run this Plugin in Your Wordpress Site.
Then, Follow the the Tips Below.

Start the Tips:

1. First Download "profit-reports-for-woocommerce.zip" Plugin to your Local Computer. (Click Download)

2. Then, Login to your "yourdomain.com/wp-admin" Dashboard.

3. Then, Click on "Plugins" + "Add New" from left sidemenu of Dashboard.

4. Now, Click on "Upload Plugin" button.

5. Now, Browse "profit-reports-for-woocommerce.zip" Downloaded plugin from your computer, Where you downloaded profit-reports-for-woocommerce.zip According to Step – 1 Above then, click on "Install Now"

6. Now, Click on "Active Plugin"

7. Then, See left sidemenu. "Codup WooCommerce Profit Reporting" folder is added on left sidemenu. Now, Click on "Codup WooCommerce Profit Reporting" folder.

Noted that: If you do not see "Codup WooCommerce Profit Reporting" folder on left sidemenu then, see at left sidemenu "Settings" or "Tools".

8. Now you configure yourself oR Watch video tutorial below about Codup WooCommerce Profit Reporting Configurtions and Settings or How to work "Codup WooCommerce Profit Reporting" in your WordPress site.

After Activated Plugin According to Step-6 then,

Go to "Plugins" + "Installed Plugin" from Wordpress Admin Panel Leftside Menu.
or Direct go to: https://yourdomain/wp-admin/plugins.php
Then, Find "Codup WooCommerce Profit Reporting" Activated Plugin from Plugin List.
Then, Click on "Settings" from Plugin that is Codup WooCommerce Profit Reporting
Now, Edit/Add/Config the setting and Click on "Save Changes" button,

Guide
Install the plugin through the WordPress plugins screen directly. Activate the plugin through the ‘Plugins’ screen in WordPress Use the Dashboard->WooCommerce->Profit Report Settings to configure the plugin Minimum Requirements PHP version 5.2.4 or greater (PHP 5.6 or greater is recommended) MySQL version 5.0 or greater (MySQL 5.6 or greater is recommended) Some payment gateways require fsockopen support (for IPN access) Profit Reports for WooCommerc v1.1.3.1 requires WooCommerce 3.0+ WooCommerce 3.0 requires WordPress 4.4+ Visit the WooCommerce server requirements documentation for a detailed list of server requirements

Guide

Install the plugin through the WordPress plugins screen directly.
Activate the plugin through the ‘Plugins’ screen in WordPress
Use the Dashboard->WooCommerce->Profit Report Settings to configure the plugin

Minimum Requirements

PHP version 5.2.4 or greater (PHP 5.6 or greater is recommended)
MySQL version 5.0 or greater (MySQL 5.6 or greater is recommended)
Some payment gateways require fsockopen support (for IPN access)
Profit Reports for WooCommerc v1.1.3.1 requires WooCommerce 3.0+
WooCommerce 3.0 requires WordPress 4.4+

Visit the WooCommerce server requirements documentation for a detailed list of server requirements

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Reffered: https://wordpress.org/