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iti devarṣiṇā proktaṁ
Word for word:
maitreyaḥ uvāca — the great sage Maitreya said; iti — thus; devarṣiṇā — by the great sage Nārada; proktam — spoken; viśrutya — hearing; jagatī-patiḥ — the King; rāja-lakṣmīm — the opulence of his big kingdom; anādṛtya — without taking care of; putram — his son; eva — certainly; anvacintayat — began to think of him.
The great Maitreya continued: The King, Uttānapāda, after being advised by Nārada Muni, practically gave up all duties in relation with his kingdom, which was very vast and wide, opulent like the goddess of fortune, and he simply began to think of his son Dhruva.