diff --git a/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.py b/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.py
index 08cabed..b96fe69 100644
--- a/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.py
+++ b/erpnext/accounts/report/profit_and_loss_statement/profit_and_loss_statement.py
@@ -58,7 +58,7 @@
 	return [
 		{
 			"value": net_profit[-1],
-			"indicator": "Green" if income_data[-1] > 0 else "Red",
+			"indicator": "Green" if net_profit[-1] > 0 else "Red",
 			"label": profit_label,
 			"datatype": "Currency",
 			"currency": net_profit_loss.get("currency")