diff --git a/CMakeLists.txt b/CMakeLists.txt
index 75d822f..ab4f90b 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -5,7 +5,7 @@ cmake_minimum_required(VERSION 3.8 FATAL_ERROR)
 project(kaldifeat)
 
 # Also change KALDIFEAT_BUILD_VERSION in scripts/build_conda.sh
-set(kaldifeat_VERSION "0.2")
+set(kaldifeat_VERSION "0.3")
 
 set(CMAKE_ARCHIVE_OUTPUT_DIRECTORY "${CMAKE_BINARY_DIR}/lib")
 set(CMAKE_LIBRARY_OUTPUT_DIRECTORY "${CMAKE_BINARY_DIR}/lib")
diff --git a/scripts/build_conda.sh b/scripts/build_conda.sh
index f6dcaa7..3a36d94 100755
--- a/scripts/build_conda.sh
+++ b/scripts/build_conda.sh
@@ -73,7 +73,7 @@ if [ -z $KALDIFEAT_BUILD_TYPE ]; then
 fi
 
 export KALDIFEAT_IS_FOR_CONDA=1
-KALDIFEAT_BUILD_VERSION="0.2"
+KALDIFEAT_BUILD_VERSION="0.3"
 
 # Example value: 3.8
 export KALDIFEAT_PYTHON_VERSION