Thou art the asylum of all attributes; thou art without qualities and with them; thou art with shape and without it; thou art minute and vast; visible and invisible; thou art hideousness and beauty; O undecaying Hari! thou art wisdom and ignorance. Thou art cause and effect; existence and non-existence; thou dost comprise all that is good and evil; thou art the substance of all perishable and imperishable elements and the refuge of all undeveloped rudiments.

In plain words: Prahlada keeps praising Hari (Vishnu). He says God holds every quality and is also beyond all qualities. God is tiny and huge, seen and unseen, ugly and beautiful, wisdom and ignorance, cause and effect. All good and bad, and everything that lasts or passes away, comes from God.