। ॥
In plain words
O Kāmākṣī, the deft blue of your eyes' lustre is a sprout of smoke rising from the fire of Kāma. And this is utterly wonderful: it brings joy rising in the three eyes of the moon-crested Lord.
Word for word
A smoke-sprout of the makara-bannered fire, Kāmākṣī, the eye-lustre-blueness-skill your; utterly wonderful this: of the three eyes rise of joy produces, of the deer-marked-crested.