However, Omar, who made a brief statement at his residence to mediapersons, said the outcome of the results would not make the National Conference irrelevant.
Congratulating the BJP and NDA, Omar said, "Those who wanted to wish away Modi factor in the elections had a rude awakening."
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"I am still coming to terms with the results. We will have to go segment wise, assembly wise. There are assembly segments where we have taken a beating. There are lessons to be learnt. In constituencies where development has taken in the last five-and-a-half years, we have not won," Omar said.
He said the party would soon analyse the results. "We have learnt from the last polls, when we were defeated in 2002".
He said the main opposition PDP, which has won the three seats, did not become irrelevant when they had lost in the last Parliamentary polls.
"This is a setback. I hope you can give me sometime and we will sit together in the party to analyse the results," he said and added that the results neither were an end of the National Conference nor will they become irrelevant.
The ruling NC-Congress coalition is facing a rout in the state.
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