ajña jīva - the ignorant living entity; nija-hite - his personal benefit; ahita kari' māne - considers a loss; garva cūrṇa haile - when pride is cut down; pāche - afterward; ughāḍe nayane - the eyes open.

An ignorant living being does not recognize his actual profit. Because of ignorance and material pride, he sometimes considers profit a loss, but when his pride is cut down he can actually see his true benefit.