taḿ dṛṣṭvā bhagavān kṛṣṇaḥ
sarva-lokeśvareśvaraḥ
vavanda utthitaḥ śīrṣṇā
sa-sabhyaḥ sānugo mudā
tam -- him; drishtva -- seeing; bhagavan -- the Supreme Lord; krishnah -- Krishna; sarva -- of all; loka -- worlds; isvara -- of the controllers; isvarah -- the supreme controller; vavanda -- offered His respects; utthitah -- standing up; sirshna -- with His head; sa -- along with; sabhyah -- the members of the assembly; sa -- along with; anugah -- His followers; muda -- joyfully.
This translation is based on Srila Prabhupada's Krishna, the Supreme Personality of Godhead. The word muda indicates that Lord Krishna was delighted to see that Narada had arrived.