Knowing Me as the enjoyer of sacrifices and austerities, the great Lord of all worlds, the friend of all beings, one reaches peace.

Conclusion of the chapter: vision of Kṛṣṇa. Bhoktāram — as enjoyer — the sacrifices are for Him, not for intermediate deities.

Yajña-tapasām — of sacrifices and austerities — He is the final recipient. Sarva-loka-maheśvaram — great Lord of all worlds — indicates omnipresence. Suhṛdam — friend, well-wisher — describes personal relationship. Jñātvā — knowing — thus, one reaches śāntim — peace. The chapter ends where it should: in relationship with the Lord, not in philosophical abstraction.