। ॥
In plain words
Mother of the worlds, whose ornament is the moon, salutation to you. Quencher of impurity, whose home is the bank of the Kampā, salutation to you. Known through all the Vedas, of eternal form, salutation to you. You who are Paraśiva, whose hand cuts the noose, salutation to you.
Word for word
O world-begetter, O moon-become-ornament, salutation to you; O impurity-calmer, O Kampā-bank-housed, salutation to you; O knowable by all the Vedas, O eternal-formed, salutation to you; O Paraśiva-made, O noose-cutting-handed, salutation to you.