diff --git a/package-lock.json b/package-lock.json
index e29e8b1b8aaf..34684f528d63 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "brave-core",
-  "version": "1.62.162",
+  "version": "1.62.163",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "brave-core",
-      "version": "1.62.162",
+      "version": "1.62.163",
       "license": "MPL-2.0",
       "dependencies": {
         "@brave/brave-ui": "0.40.4",
diff --git a/package.json b/package.json
index 62db2ca26f73..8dab199d0f69 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "brave-core",
-  "version": "1.62.162",
+  "version": "1.62.163",
   "description": "Brave Core is a set of changes, APIs and scripts used for customizing Chromium to make Brave.",
   "main": "index.js",
   "scripts": {