। ॥
In plain words
O Kāmākṣī, we surely suspect that the moon is only a new copy of the sprout of your gentle smile, set going like a spray from it; the milk ocean is a stand-in, the grace of the heavenly river's waves is a mimicry, and the lustre of the finest jasmine is a counterfeit.
Word for word
Of your gentle-smile-sprout surely, Kāmākṣī, we suspect: an image some new set in motion, the moon, a spray; moreover the milk-ocean a substitute; the heavenly-river-wave-grace also a mimicry only; a counterfeit the finest-jasmine-lustre.