bhūtānāṁ sva-sva-kālajam

mauhurtikah-Mauhurtikas; deva-ganah-the demigods; muhurtayah-from the womb of Muhurta; ca-and; jajnire-took birth; ye-all of whom; vai-indeed; phalam-result; prayacchanti-deliver; bhutanam-of the living entities; sva-sva-their own; kala-jam-born of time.