I tried running apple script
#! /usr/bin/osascript
do shell script \"chmod 777 /Library/ColorSync/Profiles\" with administrator privileges
I just removed #command. it is working now
-(void)executeAppleScript{
NSDictionary* errorDict;
NSAppleEventDescriptor* returnDescriptor = NULL;
NSAppleScript* scriptObject = [[NSAppleScript alloc] initWithSource:
@"do shell script \"chmod 777 /Library/ColorSync/Profiles\" with administrator privileges"];
returnDescriptor = [scriptObject executeAndReturnError: &errorDict];
}