diff --git a/bitnami/pytorch/1/ol-7/Dockerfile b/bitnami/pytorch/1/ol-7/Dockerfile
index d27fca5f616c..1507e659edd1 100644
--- a/bitnami/pytorch/1/ol-7/Dockerfile
+++ b/bitnami/pytorch/1/ol-7/Dockerfile
@@ -10,12 +10,12 @@ ENV BITNAMI_PKG_CHMOD="-R g+rwX" \
 # Install required system packages and dependencies
 RUN install_packages glibc libX11 libgcc libgomp libquadmath libstdc++ nss-softokn-freebl
 RUN . ./libcomponent.sh && component_unpack "miniconda" "4.7.10-0" --checksum a4f2686a75ba4a0ccb19c74f3bb841fc0d1fd9a4c7269a86318498b5b038c946
-RUN . ./libcomponent.sh && component_unpack "pytorch" "1.1.0-2" --checksum 1d15f80b3499ac9a5a3a272238128ad5d65e0c8828b172c1d7447c5818e267cb
+RUN . ./libcomponent.sh && component_unpack "pytorch" "1.2.0-0" --checksum 63a45524e245914bccffa6790fcba4666f92c82abc4b18c1c46f4d944aeb8b4e
 
 COPY rootfs /
 RUN /prepare.sh
 ENV BITNAMI_APP_NAME="pytorch" \
-    BITNAMI_IMAGE_VERSION="1.1.0-ol-7-r102" \
+    BITNAMI_IMAGE_VERSION="1.2.0-ol-7-r0" \
     LD_LIBRARY_PATH="/opt/bitnami/miniconda/lib/python3.7/site-packages/torch/lib/:/opt/bitnami/miniconda/lib/python3.7/site-packages/PIL/.libs/:$LD_LIBRARY_PATH" \
     NAMI_PREFIX="/.nami" \
     PATH="/opt/bitnami/miniconda/bin:$PATH"
diff --git a/bitnami/pytorch/README.md b/bitnami/pytorch/README.md
index b3396e6b2bb8..21b6582fe3a4 100644
--- a/bitnami/pytorch/README.md
+++ b/bitnami/pytorch/README.md
@@ -41,7 +41,7 @@ Non-root container images add an extra layer of security and are generally recom
 Learn more about the Bitnami tagging policy and the difference between rolling tags and immutable tags [in our documentation page](https://docs.bitnami.com/containers/how-to/understand-rolling-tags-containers/).
 
 
-* [`1-ol-7`, `1.1.0-ol-7-r102` (1/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-pytorch/blob/1.1.0-ol-7-r102/1/ol-7/Dockerfile)
+* [`1-ol-7`, `1.2.0-ol-7-r0` (1/ol-7/Dockerfile)](https://github.com/bitnami/bitnami-docker-pytorch/blob/1.2.0-ol-7-r0/1/ol-7/Dockerfile)
 * [`1-debian-9`, `1.1.0-debian-9-r88`, `1`, `1.1.0`, `1.1.0-r88`, `latest` (1/debian-9/Dockerfile)](https://github.com/bitnami/bitnami-docker-pytorch/blob/1.1.0-debian-9-r88/1/debian-9/Dockerfile)
 
 Subscribe to project updates by watching the [bitnami/pytorch GitHub repo](https://github.com/bitnami/bitnami-docker-pytorch).