। ॥
In plain words
O Kāmākṣī, we here must be set free from the three nooses by your glance, which shows the lustre of the blue lily in bloom, carries the grace of compassion, and is Agastya to the ocean of karma, drinking it dry.
Word for word
Blue-lily-bloom-lustre-showing, compassion-grace-bearing, your by the glance, Kāmākṣī, of the karma-ocean by the pot-son, from the three-noose we these to be released.