diff --git a/NEWS b/NEWS
index 9f57dfa6b..c4d596ceb 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,22 @@
+48.1
+====
+* Fix glitch in sliders when close to maximum [Sebastian; !3648]
+* Fix detecting suspend/resume for time tracking [Sebastian; !3679]
+* Fix wrongly sized images with fractional scaling [Jonas; !3680]
+* Fix frozen cursor when using magnifier in push mode [Jerome; !3688]
+* Fix session button on login screen after wrong password [Florian; !3638]
+* Misc. bug fixes and cleanups [Florian, Philip, Balló, Andy; !3673,
+  !3675, !3685, !3676, !3689, !3687, !3641, !3694, !3684, !3672]
+
+Contributors:
+  Jerome Brenier, Jonas Dreßler, Balló György, Andy Holmes, Sebastian Keller,
+  Florian Müllner, Vasil Pupkin, Baxrom Raxmatov, Philip Withnall
+
+Translators:
+  Vasil Pupkin [be@latin], Daniel Mustieles [es], Antonio Marin [ro],
+  Danial Behzadi [fa], Jose Riha [sk], Cheng-Chia Tseng [zh_TW],
+  Danial Behzadi [fa], Jose Riha [sk], Cheng-Chia Tseng [zh_TW],
+
 48.0
 ====
 * Fix ibus candidate popup position [Peng; !3659]
diff --git a/meson.build b/meson.build
index bf2f1c3ae..b1d5affd7 100644
--- a/meson.build
+++ b/meson.build
@@ -1,5 +1,5 @@
 project('gnome-shell', 'c',
-  version: '48.0',
+  version: '48.1',
   meson_version: '>= 1.1.0',
   license: 'GPL-2.0-or-later',
 )
diff --git a/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in b/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in
index fee816b9f..7b1e06ac6 100644
--- a/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in
+++ b/subprojects/extensions-app/data/metainfo/org.gnome.Extensions.metainfo.xml.in
@@ -55,6 +55,7 @@
   </description>
 
   <releases>
+    <release version="48.1" date="2025-04-12"/>
     <release version="48.0" date="2025-03-16">
       <description>
         <p>Allow closing window with shortcut</p>
diff --git a/subprojects/extensions-app/meson.build b/subprojects/extensions-app/meson.build
index d1d95873c..08038bc4b 100644
--- a/subprojects/extensions-app/meson.build
+++ b/subprojects/extensions-app/meson.build
@@ -1,5 +1,5 @@
 project('gnome-extensions-app',
-  version: '48.0',
+  version: '48.1',
   meson_version: '>= 0.58.0',
   license: 'GPL-2.0-or-later',
 )
diff --git a/subprojects/extensions-tool/meson.build b/subprojects/extensions-tool/meson.build
index 7ff9f75b6..cdcd18d03 100644
--- a/subprojects/extensions-tool/meson.build
+++ b/subprojects/extensions-tool/meson.build
@@ -1,5 +1,5 @@
 project('gnome-extensions-tool', 'c',
-  version: '48.0',
+  version: '48.1',
   meson_version: '>= 0.58.0',
   license: 'GPL-2.0-or-later',
 )
diff --git a/subprojects/shew/meson.build b/subprojects/shew/meson.build
index 5e2d81251..8f4904a22 100644
--- a/subprojects/shew/meson.build
+++ b/subprojects/shew/meson.build
@@ -1,5 +1,5 @@
 project('shew', 'c',
-  version: '48.0',
+  version: '48.1',
   meson_version: '>= 0.58.0',
   license: 'LGPL-2.1-or-later',
 )