<p>Hyderabad: BRS working president K T Rama Rao on Tuesday conceded defeat after the party was not leading in any of the 17 <a href="https://www.deccanherald.com/tags/lok-sabha-elections-2024">Lok Sabha</a> seats in <a href="https://www.deccanherald.com/india/telangana">Telangana </a>but expressed confidence that it would rise like a phoenix.</p>.<p>The ruling <a href="https://www.deccanherald.com/tags/congress">Congress </a>and <a href="https://www.deccanherald.com/tags/bjp">BJP </a>appeared set to win eight seats each in the state as the counting of votes reached the final stages on Tuesday.</p>.Telangana celebrates decade of state formation, BRS holds parallel event .<p>AIMIM president Asaduddin Owaisi was set to retain the Hyderabad parliamentary constituency.</p>.<p>The Lok Sabha polls was held in a single phase in the state on May 13.</p>.<p>Rama Rao said in the last 24 years since TRS (now BRS) was founded, BRS has seen stellar achievements, successes and also many setbacks.</p>.<p>"The greatest glory: formation of Telangana state will remain our Biggest achievement. Being a regional party won two consecutive state elections with a good majority 63/119 - 2014, 88/119 - 2018. Currently, the principal opposition with 1/3rd seats 39/119 - 2023," he said in a post on 'X'.</p>.<p>"Today’s electoral setback is certainly very disappointing. But we will continue to toil and will rise from the ashes again like a Phoenix," Rama Rao, son of BRS president and former Telangana Chief Minister K Chandrasekhar Rao, said.</p>.<p>The BRS party had won nine seats in the 2019 Lok Sabha elections.</p>.<p>The BRS had suffered a defeat in the Legislative Assembly polls held in November last year.</p>
<p>Hyderabad: BRS working president K T Rama Rao on Tuesday conceded defeat after the party was not leading in any of the 17 <a href="https://www.deccanherald.com/tags/lok-sabha-elections-2024">Lok Sabha</a> seats in <a href="https://www.deccanherald.com/india/telangana">Telangana </a>but expressed confidence that it would rise like a phoenix.</p>.<p>The ruling <a href="https://www.deccanherald.com/tags/congress">Congress </a>and <a href="https://www.deccanherald.com/tags/bjp">BJP </a>appeared set to win eight seats each in the state as the counting of votes reached the final stages on Tuesday.</p>.Telangana celebrates decade of state formation, BRS holds parallel event .<p>AIMIM president Asaduddin Owaisi was set to retain the Hyderabad parliamentary constituency.</p>.<p>The Lok Sabha polls was held in a single phase in the state on May 13.</p>.<p>Rama Rao said in the last 24 years since TRS (now BRS) was founded, BRS has seen stellar achievements, successes and also many setbacks.</p>.<p>"The greatest glory: formation of Telangana state will remain our Biggest achievement. Being a regional party won two consecutive state elections with a good majority 63/119 - 2014, 88/119 - 2018. Currently, the principal opposition with 1/3rd seats 39/119 - 2023," he said in a post on 'X'.</p>.<p>"Today’s electoral setback is certainly very disappointing. But we will continue to toil and will rise from the ashes again like a Phoenix," Rama Rao, son of BRS president and former Telangana Chief Minister K Chandrasekhar Rao, said.</p>.<p>The BRS party had won nine seats in the 2019 Lok Sabha elections.</p>.<p>The BRS had suffered a defeat in the Legislative Assembly polls held in November last year.</p>