In plain words
The poet, of Tirukkōṭṭiyūr: In Tirukkōṭṭiyūr live people of generous hand who have no fault arising from the body of five elements, the five daily sacrifices, the five sense-objects or the five senses; and because the dust trodden by the feet of those who repeat the names of its Lord [Cokka Nārāyaṇa] and of Narasiṃha and praise them falls upon it, this world has earned good fortune.