। ॥
In plain words
We worship the wave of Śambhu's festival, who has taken Kāñcī as her own, the stream of honey within the lotus of the Upaniṣads, whose breasts rise high and bend like jars.
Word for word
Kāñcī-adopting, the stream of honey in the hollow of the Upaniṣad-lotus, with high-bending jar breasts, the wave of festival we worship of Śambhu.