diff --git a/package-lock.json b/package-lock.json
index dc6ae4a683ce..86d681a023e5 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "brave-core",
-  "version": "1.49.47",
+  "version": "1.49.48",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "brave-core",
-      "version": "1.49.47",
+      "version": "1.49.48",
       "license": "MPL-2.0",
       "dependencies": {
         "@brave/react-virtualized-auto-sizer": "^1.0.4",
diff --git a/package.json b/package.json
index a7e546f75994..47842de02a5f 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "brave-core",
-  "version": "1.49.47",
+  "version": "1.49.48",
   "description": "Brave Core is a set of changes, APIs and scripts used for customizing Chromium to make Brave.",
   "main": "index.js",
   "scripts": {
diff --git a/patches/chrome-VERSION.patch b/patches/chrome-VERSION.patch
index a66a46e89f94..5a6a7477eb63 100644
--- a/patches/chrome-VERSION.patch
+++ b/patches/chrome-VERSION.patch
@@ -9,4 +9,4 @@ index 2c545c8902d57702850b08b2b2d091452a9b5f6e..52a5d7444c1ab6401fd50717b7a94993
 -PATCH=87
 +MINOR=1
 +BUILD=49
-+PATCH=47
++PATCH=48