diff --git a/CMakeLists.txt b/CMakeLists.txt
index 640e5c26..5ccc6fdd 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -18,7 +18,7 @@ cmake_minimum_required(VERSION 3.22.0)
 project(
     ntf-core
     VERSION
-        2.4.0
+        2.4.1
     DESCRIPTION
         "NTF Core"
     HOMEPAGE_URL
diff --git a/groups/nts/ntsscm/ntsscm_versiontag.h b/groups/nts/ntsscm/ntsscm_versiontag.h
index 2b9e82ba..0edb1e16 100644
--- a/groups/nts/ntsscm/ntsscm_versiontag.h
+++ b/groups/nts/ntsscm/ntsscm_versiontag.h
@@ -36,7 +36,7 @@ BSLS_IDENT("$Id: $")
 /// NTS release patch version.
 ///
 /// @ingroup module_ntsscm
-#define NTS_VERSION_PATCH 0
+#define NTS_VERSION_PATCH 1
 
 /// Construct a composite version number in the range [ 0 .. 999900 ] from
 /// the specified 'NTS_VERSION_MAJOR' and 'NTS_VERSION_MINOR' numbers