diff --git a/gradle.properties b/gradle.properties
index f335eea..b692290 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 group=org.ballerinalang
-version=1.0.0-SNAPSHOT
+version=1.0.1-SNAPSHOT
 ballerinaLangVersion=2201.11.0
 
 org.gradle.caching=true