। ॥
In plain words
The sovereignty of the moon-crested Lord, whose very nature is oneness with him, stands in the midst of Kāñcī crowned with the young moon, and shines as the final purport of the Vedas.
Word for word
The lordship of the moon-headed one, of the nature of one-selfhood, gone into the middle of Kāñcī, with the young moon as crest, the ultimate intent, shines, of the Vedas.