त्वाम् to you, व्यसनम् grief, आगतं चेत् has come, ब्रह्मचर्ये celibacy, स्वधीते वा learning the Vedas, मार्दवार्जवयोर्वापि compassionate and pure, फलोदयः this is the result, नास्ति no use, मन्ये I think so.

If your celibacy and your grief are the consequences of your study of the Vedic lore, your compassionate nature and simplicity of character, I think there is no use of all these (virtues).