Based on the screen shot you are in the Pre-Processing phase and If you are using a system switch upgrade strategy then there will be a shadow system created and in such a case the phase ACT_UPG is executed in the shadow system. It depends on where exactly you are looking for the shadow instance profiles. They are not present in the main instance profile directory.
Check G:\usr\sap\QAS\SUM\abap\QAS\SYS\profile directory for the shadow instance profiles.