। ॥
In plain words
O Mother Kāmākṣī, victory to your glances, which free a person from the grip of the sense of "mine", which could teach the great sapphire its own blue, which have taken up the guarding of the three worlds, and which know well how to grant boons.
Word for word
Mother, triumph the mine-ness-grip-releasing, great-sapphire-lustre-teaching-skilled, Kāmākṣī, three-worlds-protection-undertaking, your glances, boon-giving-expert.