dhanyam svasty-ayanam mahat
idam-this; bhagavatam-book containing the narration of the Personality of Godhead and His pure devotees; nama-of the name; puranam-supplementary to the Vedas; brahma-sammitam-incarnation of Lord Sri Krsna; uttama-sloka-of the Personality of Godhead; caritam-activities; cakara-compiled; bhagavan-incarnation of the Personality of Godhead; rsih-Sri Vyasadeva; nihsreyasaya-for the ultimate good; lokasya-of all people; dhanyam-fully successful; svasti-ayanam-all-blissful; mahat-all-perfect.