पीतप्राये ऽमृते देवैर् भगवान्लोकभावनः ।
पश्यतामसुरेन्द्राणां स्वं रूपं जगृहे हरिः ॥ २७ ॥
pita-praye-when almost finished being drunk; amrte-the nectar; devaih-by the demigods; bhagavan-the Supreme Personality of Godhead as Mohini-murti; loka-bhavanah-the maintainer and well-wisher of the three worlds; pasyatam-in the presence of; asura-indranam-all the demons, with their chiefs; svam-own; rupam-form; jagrhe-manifested; harih-the Supreme Personality of Godhead.
The Supreme Personality of Godhead is the best friend and well-wisher of the three worlds. Thus when the demigods had almost finished drinking the nectar, the Lord, in the presence of all the demons, disclosed His original form.