thisaiyum thisaiyuRu dheyvamum dheyvaththu
isaiyum karumangkaL ellAm - asaivil sIrk
kaNNan nedumAl kadal kadaindha kArOdha
vaNNan padaiththa mayakku

Meaning:

thisaiyum 			- The world with its directions,
thisai uRu dheyvamum 		- the devatas in those directions
dheyvaththu isaiyum karumagkaL 	- the actions that are the responsibilities of those devatas,
ellam 				- and such
padaiththa 			- were created by Him,
kAr Odha vaNNan 		- who has the color like dark clouds and the ocean,
kaNNan 				- who was born as Sri Krishna
asaivu il sIr 			- with the unchangeable divine qualities,
nedu mAl 			- who has unmatched love for His devotees, and
kadal kadaindha 		- who churned the ocean,
mayakku 			- to cloud the mind.

Vyakhyana Saram:
If He is that readily accessible, how is that this world strays away from Him and goes after other beings? Azhvar replies - It is due to His amazing power - that keeps those without love for Him, away.