SELECT "Res." FROM table_46316 WHERE "Round" = '1' AND "Time" = '2:48'
What is the result of the match that went to round 1 and only for 2:48?
CREATE TABLE table_46316 (
    "Res." text,
    "Record" text,
    "Opponent" text,
    "Method" text,
    "Event" text,
    "Round" real,
    "Time" text,
    "Location" text
)