Knowing Me as Enjoyer of sacrifices and austerities, the Great Lord of all worlds, the friend of all beings, he attains Peace.

bhoktāraṃ = the beneficiary; yajña = of sacrifices; tapasāṃ = and penances and austerities; sarvaloka = of all planets and the demigods thereof; maheśvaraṃ = the Supreme Lord; suhṛdaṃ = the benefactor; sarva = of all; bhūtānāṃ = the living entities; jñātvā = thus knowing; māṃ = Me (Lord Krishna); śāntiṃ = relief from material pangs; ṛcchati = one achieves.;