ūcuḥ - said; paurāḥ - the women of the city; aho - ah; gopyaḥ - the cowherd girls (of Vṛndāvana); tapaḥ - austerity; kim - what; acaran - have executed; mahat - great; yāḥ - who; hi - indeed; etau - these two; anupaśyanti - constantly see; nara-loka - for human society; mahā-utsavau - who are the greatest source of pleasure.

The women of Mathurā exclaimed: Oh, what severe austerities the gopīs must have performed to be able to regularly see Kṛṣṇa and Balarāma, who are the greatest source of pleasure for all mankind!