। ॥
In plain words
I worship a certain ornament of the city of Kāñcī, the valour of the flower-arrowed god, equal in colour to the sapphire, which makes natural words the path to its palace of play, the everlasting field for the rich crops of the waves of fine sayings of champion poets, and which is clever at cheating sin.
Word for word
Making natural words the path of its own play palace, the field of the beauties of crops of waves of good sayings of poet-wrestlers, eternal, clever at deceiving sin, a certain one I worship, the ornament of Kāñcī city, equal in lustre to Indra's gem, the flower-arrowed's valour.