। ॥
In plain words
O Kāmākṣī, your glance is a great saṃnyāsin: it openly wears the glow of your ruby earrings as its ochre robe, it stands against all sense of "mine", and it shines, delighting in the border of the ear, which is Vedānta, the end of śruti.
Word for word
Ochre cloth like openly wearing the ruby-earring-glow, mine-ness-opposed, at the ear-end (Veda-end) delighting greatly shines, Kāmākṣī, your glance-ascetic-lord this.